Cambodia fertiliser deal signed
The Cambodian International Five Star Fertiliser Company on Monday signed an agreement with China’s Jiangsu Right Machinery Group to transfer technologies for fertiliser production to a new plant in Phnom Penh.
Two production lines equipped with new liquefied urea technology will be installed at the US$65 million fertiliser plant, financed by Viet Nam’s Five Star Group (FSG) and the Cambodian Investment and Development company of Viet Nam, a subsidy of the Bank for Investment and Development.
The plant is designed to produce 500,000 tonnes of fertiliser per year. It is expected to be operational by the end of 2011.
Tags: Cambodia fertiliser